Silver, Gold, The IRS & You A Must Read

The following article has been posted as a reprint from news with views. I am confident you will find the contents eye opening to say the least. Most importantly it should give you an incentive to pursue how you can protect your family and friends from the effects of inflation and the lack of tangible inivestment vehicles you can count on.

The article you are about to read was written by By Derry Brownfield June 15, 2008 of NewsWithViews.com

I began a recent presentation before a large group of cattle producers (R-CALFUSA) by showing a paper dollar bill and a silver coin. The words "one dollar" is inscribed on both the coin and the paper, yet the paper dollar will only pay for about one quart of gasoline at today's prices, while the silver dollar will pay for well over five gallons. I explained to my audience that consumer prices are not high - the paper dollar has lost most of its value. It makes no difference how high the price of gasoline goes, a silver dollar will continue to buy gas for 20 cents a gallon, exactly the price gas was during the Great Depression. Based on 1940 prices, a paper dollar is worth about two pennies.

Today in America, we are being systematically robbed of our property because we have allowed the Federal Reserve to flood our banks with fiat, worthless paper money. There is actually a law against paper money but nobody seems to know about it. The Supreme law of the land is the US Constitution, which stated in Article I Section 10: Individual states are "not allowed to make any things but gold and silver coin a tender in payment of debts."

The Constitution also states that "Congress has the power to COIN money and regulate the value thereof." Our Founding Fathers knew how a central bank printing paper money would collapse our economy. Had we followed the US Constitution to the full letter of the law, gasoline would still be 20 cents a gallon. As the dollar continues to lose value we say our currency has lost its purchasing power. It should be more properly referred to as embezzlement by the banking industry.

Robert Kahre owns a family business and instead of using paper money he paid his workers with gold and silver coins minted by the United States government. He paid them based on the "face value" of the coins. If he paid a worker a dollar an hour he paid with a silver dollar, which states on the coin that it is "one dollar" regardless of today's value. His wages were so low that he didn't have to file W-2 income tax forms or withhold taxes or pay workman's comp. This upset the IRS, which charged him and his family with 161 federal tax crimes.

The case which was tried before a Las Vegas jury in a Federal Court, heard testimony for almost four months. Defendants believed they had no legal obligation to withhold, pay income taxes or report anything to the government because the "face value" of the gold and silver coins is so small as to fall beneath the reporting thresholds set by the Internal Revenue Code. The government argued that the payments in gold and silver US coins must be considered at their bullion, full-market value when considering the worth of the wages for purposes of the IRS code.

The essence of the argument is that Congress is obligated by law to mint and circulate such coins as demand requires, and must establish the value of coins as they are used as legal tender, but a coin's market value is a distinct, separate attribute of such coins and is of no legal consequence if the coins are used as legal tender. If a worker is paid with such coins, his taxable income can only be the face value indicated on the coin. "A coin dollar is worth no more for the purposes of tender in payment of an ordinary debt than a note dollar. The law has not made the note a standard of value anymore than coin. It is true that in the market, as an article of merchandise, one is of greater value than the other; but as money, as a medium of exchange, the law knows no difference between them."

On September 17, the jury returned its verdict refusing to convict all nine defendants of any of the 161 federal tax crimes they had been charged with. One would think, "we the tax payers would want to hear that the IRS was defeated by the use of the true money." To my knowledge, the results of this trial were never printed or broadcast by any of the major news media. Three days after the trial's conclusion, the Las Vegas Review Journal ran its first and last story about the outcome and then only because of public pressure from interested parties who attended the trial.

The Department of Justice prosecutors know that justice was done and that if this information was made available to the general public their house of cards would come tumbling down. All federal agencies have a great fear of the truth and only by controlling the news media can they keep the world from caving in on their heads.

(After typing this article, Beth (my secretary) has now surrendered the raise that she has yet to receive, contingent on me agreeing to pay her in gold & silver coins; see the truth does hurt.)
© 2008 Derry Brownfield - All Rights Reserved

Here is a video featuring the defendant and his attorney. http://www.youtube.com/watch?v=2VJ3son-ha8

***The picture at the top of this article is of the CEO of the company you are about to discover on the link below, he is holding a 1000 ounce Gold Bar in the photo. Must be nice!

You truly can protect your familys future with gold and silver coin.
Please visit http://www.realmoneyfastcash.com for more info.

When Is The Best Time To Buy Gold & Silver Coins?

This question has been one of huge controversy but actually has a very simple answer. The answer is ANYTIME! Here is why. It does not matter whether you are using EUROS, Dollars or any other fiat currency. When belief in the currency fades, the value of the currency can go to slightly above zero and eventually zero. This can NEVER happen with Gold & Silver Coins!

The silver spot price from Wall Street is the big shots way of trying to keep the truth about real money verses money created out of thin air backed by nothing away from the masses. If people truly understood the fact that the Federal Reserve is a private FOR PROFIT corporation and NOT part of our Federal Government and they create money out of thin air anytime they chooose, there would be a major uprising.

According to leading industry experts some of the powers that be who prefer the status quo are doing everything in their power to prevent the masses from having a desire to mass accumulate gold & silver coins. One of the most outspoken on the subject is Jason Hommel you can learn more directly from him at http://silverstockreport.com/2009/buyitnow.html . I also invite you to view a video recorded by Robert Kiyosaki and a few of his financial advisors where Robert, recorded on video, calls cash "trash!" Watch it and prepare to be shocked at what you learn.









The purpose of this post is to simply encourage you to consider the following. In 2001 you could buy a one ounce silver eagle coin for $7.00 and if you took a one ounce silver eagle coin and 7 one dollar bills in 2001 and placed them both under your mattress in 2001 and took them out today, the 7 bills would still be worth 7 dollars but the Silver Coin would be worth more than $14.00 and as much as $20.00 DESPITE the spot price of silver!

The bottom line is you can NEVER pay too much for gold and silver when you are using paper money not backed by anything for real money! Do yourself a favor and head on over to http://www.residualcashnetwork.com/ and grab some silver dollars before the market dries up.

How To Create Real Money Wealth

In the midst of an uncertain economy it seems quite prudent to consider the shift away from paper backed investments. There is one unique company that stands out above the crowd with a solution to a growing problem amongst consumers who know they should do something but just don’t know what to do. The company is called ‘Constitution Mining”, Constitution Mining was founded on the basis of natural law, governed by two principles understood by America's Founding Fathers and articulated by leading free market author, Richard Maybury.

Principle 1: Do all that you say you are going to do.
Principle 2: Do not encroach on other persons or their property.
Because these two principles have been ignored, the global economy is in danger of entering into a serious recession, perhaps even a depression, So what does this mean to you?
• Your purchasing power is being destroyed• Your savings are being decimated• Your investments are in jeopardy Almost all money today exists in the form of paper issued by central banks.

They claim to be regulating inflation, but in fact, they are actually creating it. The more dollars they pump into the system, the less each individual dollar is worth.

A violation of Principle 1. This is a highly profitable mechanism through which your wealth is transferred to an elite few - and it can happen fast.

A violation of Principle 2. Since 1913 the Federal Reserve, a privately controlled corporation, has acted as America’s central bank. In that time it has dramatically reduced the worth of the U.S. dollar to approximately 4 cents of its original value.Truth be told, today’s “fiat” money is not backed by the same intrinsic value it once had. Now it only has value because the government says it does – and because people believe it.

This is a belief that more and more people are coming to question, causing many to turn to true honest money … Gold and Silver.Constitution Mining believes that paper – be it stock certificates or dollars - can only have real value if assets of an intrinsic nature back them up. And there are no better assets to anchor value than gold and silver.

The company states their mission “is to consistently increase the amount of honest money underlying our shares by acquiring, exploring for, and holding onto deposits of gold and silver.”Intended acquisitions may be fully defined, have gone through the feasibility stage of development, and be ready to produce. In other cases, there may be potential for additional expansion.

They may even acquire drill-ready exploration projects, which contain little or no proven resources, yet offer the possibility of a major discovery. The company believes that as the market valuation of honest to dishonest money increases, so too should holdings of gold and silver. They believe if their planned acquisitions are in production, they would have little interest in extracting the gold and silver - just to exchange it for depreciating paper currency.

Their intentions are to establish bullion accounts in Zurich, Switzerland, and ship every ounce mined - net of expenses - for safekeeping in their vaults. For more info visit http://www.constitutionmining.com/ make sure you request your FREE Book called “Honest Money”, written by Pat Gorman the link is on the “About Us Page”.

A Case For Gold And Silver NOW

Investment experts have long-recommend portfolio diversification and that 10% to 20% (and sometimes more) of an investor's assets be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins. That's prudent asset diversification strategy at any time. But in today's uncertain political and economic environment, there are many (and very sound) reasons to consider investing in precious metals now.

Here are three:Precious metals have been a solid hedge against a declining U.S. dollarThe value of the U.S. Dollar declined more than 30% from 2001 through 2004, plunging 5% in just a few weeks. For a long list of reasons, including massive increases in U.S. government deficits totaling trillions of dollars, the cost of a prolonged war against terrorism and a massive trade imbalance, this trend may be just the beginning. This means U.S. Dollars could now be worth less and less every day.

Which also means that investments pegged to the U.S. Dollar could be worth less and less every day. Gold, silver and platinum, though, are held and traded throughout the world...and their true value (that is, their purchasing power) is not solely or directly dependent on the falling fortunes of the U.S. Dollar.

Precious metals, therefore, can be a form of protection against a falling U.S. Dollar. As demonstrated during 2003 and 2004, as the value of the U.S. Dollar declined, gold and silver prices and the value of precious metals expressed in dollars increased.
Precious metals have been a proven safe-haven in times of war, political strife and uncertaintyToday's financial markets are increasingly at risk from terrorism, political instability and war.

As we saw so after the 9/11 tragedy, financial markets can be closed down, and remain down, for extended periods of time. As terrorism incidents continue to increase around the world, it is not unreasonable to expect further (and potentially more severe) disruptions in financial markets, banking and commerce in the future. of trouble is gold and silver. Precious metals have always been, and likely will continue to be, a valued form of "wealth insurance" in good times and bad.
Precious metals can offer outstanding price appreciation and profit potential.

After the infamous stock market "bubble" debacle in early 2000 wiped out trillions of dollars of investor equity, the major stock indices have failed to return to anywhere close to their previous highs. Gold and silver prices, on the other hand, have increased dramatically—more than 40%—during that same time period. Which means gold investment opportunities as well as investments in silver can produce impressive investment returns even when (and sometimes, especially when) returns from stock, bond and other paper investments decline in value or evaporate completely.

The Monex Atlas Account, a way to purchase precious metals using up to 5-to-1 investment leverage, can be a powerful short-term trading vehicle during periods of rapidly changing precious metals prices. For more information visit http://www.monex.com/ to learn more about an Atlas Account. Also consider purchasing Gold & Silver Coins to protect yourself from inflation.